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Six ‘critical’ innovation areas identified by European agri-food initiative As a new fund announces it will invest up to €30 million in the most promising companies over a span of up to four years, EIT Food identifies to FoodNavigor the problems for which it is seeking solutions.
A new seed fund for European agrifood-tech startups has been unveiled by PeakBridge, the agrifood-tech venture capital fund manager investing globally, and EIT Food, the world s largest Agrifood Innovation Ecosystem supported by the European Institute of Innovation and Technology (EIT).
The FoodSparks fund will invest in pan-European seed and early-stage startups to offer access to strategic capital and support with scaling up, thereby working towards innovative solutions to some of the world’s most pressing problems in food production, supply and sustainability.